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Tuesday, March 16, 2021 6:41:23 AM
Vanadium Redox Flow Batteries—or vanadium-flow batteries—could become a valuable substitute for lithium-ion batteries. Vanadium-flow batteries can be charged thousands of times without degrading, making them ideal for projects that require immense cycling. In addition to being long-lasting, vanadium-flow batteries are extremely durable and can hold immense amounts of energy. Vanadium-flow batteries also derive from a non-flammable material, making them safer and more reliable for large-scale stationary applications. These qualities make vanadium-flow batteries a legitimate, and in some cases superior, alternative to lithium-ion or lead-acid batteries for large-scale battery storage, especially for wind and solar power generation farms.
Currently, vanadium is primarily used as a steel alloy in products like cars, gears and jet engines. Its importance to the energy sector, however, is growing rapidly. In 2018 alone, the price of vanadium more than doubled, reaching historic heights. This accelerated growth in demand and price for the mineral made last year—for some—“the year of vanadium.”
https://www.iisd.org/articles/vanadium-valyrian-steel-energy-transition
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